Relevant Life Cover

Relevant Life Cover allows employers to offer a death-in-service benefit to their employees. It’s a tax-efficient life insurance policy, set up by the employer and pays out a tax-free lump sum on the death (or diagnosis of a terminal illness) of the person insured. The proceeds go to the employee's family or financial dependants.

This cover might benefit high earning employees who might exceed their personal pension lifetime allowance or have members of group schemes who want to top up their benefits.

For more information please contact Southern Financial Services on 01698 269 977 or email and we will be happy to assist you.